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#entrepreneurship

Entrepreneurship

Financial guidance and accounting tips for entrepreneurs and startups

Business Vehicle Deductions in 2026: Standard Mileage vs. Actual Cost, Section 179 SUV Limits, and the Mileage Log the IRS Actually Wants
·mike

Business Vehicle Deductions in 2026: Standard Mileage vs. Actual Cost, Section 179 SUV Limits, and the Mileage Log the IRS Actually Wants

Mileage bundles costs at 70 cents per mile but year-one actual unlocks Section 179 for heavy SUVs — pick the method before you place the vehicle in service and keep the daily log that makes either deduction survive.

tax-compliance
small-business
finance
Home Office Deduction in 2026: Simplified vs. Actual Expense, Exclusive-Use Traps, and the Audit-Proof Floor-Plan Log
·mike

Home Office Deduction in 2026: Simplified vs. Actual Expense, Exclusive-Use Traps, and the Audit-Proof Floor-Plan Log

Exclusive and regular use decides eligibility before math — then pick $5 per square foot up to $1,500 or actual allocations. Keep the dated floor plan that proves the room and the method that fits your sale timeline.

tax-compliance
small-business
finance
Inventory Shrinkage in 2026: How to Measure, Book, and Reduce the 1.5% Leak That Silently Kills Retail and E-Commerce Gross Margin
·mike

Inventory Shrinkage in 2026: How to Measure, Book, and Reduce the 1.5% Leak That Silently Kills Retail and E-Commerce Gross Margin

Average shrink is 1.4–1.6% of sales — booked as extra COGS only after a count. Stratify cycle counts by ABC, reconcile 3PL before booking, and show the reserve honestly every month.

small-business
bookkeeping
finance
Estimated Tax Penalties in 2026: Safe Harbors, Annualized Income Installments, and How to Avoid Underpayment Interest on Form 2210
·mike

Estimated Tax Penalties in 2026: Safe Harbors, Annualized Income Installments, and How to Avoid Underpayment Interest on Form 2210

Underpayment interest is daily and quarterly — hit the 100%/110% or 90% harbor and pay the right amount by April 15, June 15, September 15, and January 15, or use Schedule AI for seasonal income before Form 2210 bills you.

tax-compliance
small-business
finance
Bad Debt and Uncollectible Receivables: When to Write Off, How to Prove Worthlessness Under Section 166, and Why Cash-Basis Businesses Can't Deduct Unpaid Invoices
·mike

Bad Debt and Uncollectible Receivables: When to Write Off, How to Prove Worthlessness Under Section 166, and Why Cash-Basis Businesses Can't Deduct Unpaid Invoices

An unpaid invoice isn't automatically a deduction for cash-basis businesses and worthlessness must be proven in the year claimed — document business character, collection efforts, and the specific charge-off before December 31.

tax-compliance
small-business
finance
Health Insurance Deduction for Self-Employed in 2026: How Schedule 1 Above-the-Line, ICHRA, and QSEHRA Interact With the Premium Tax Credit
·mike

Health Insurance Deduction for Self-Employed in 2026: How Schedule 1 Above-the-Line, ICHRA, and QSEHRA Interact With the Premium Tax Credit

Deduct premiums on Schedule 1, get reimbursed via ICHRA/QSEHRA, or take the premium tax credit — never two for the same dollar. Master the month-by-month coordination and circular math that prevents double benefits.

tax-compliance
small-business
finance
Vychovávame finančne gramotné dieťa, keď ste majiteľ firmy
·mike

Vychovávame finančne gramotné dieťa, keď ste majiteľ firmy

Návyky spojené s peniazmi sa formujú do siedmich rokov, napriek tomu len 22% rodičov diskutuje so svojimi deťmi o peniazoch týždenne. Táto vekovo rozčlenená príručka ukazuje majiteľom firiem, ako premeniť účtovníctvo, ktoré už robia – kategorizáciu, hlavné knihy, rozpočtové obmedzenia – na praktické finančné lekcie pre deti od 3 do 18 rokov.

financial-literacy
personal-finance
education
Sales Tax Nexus in 2026: Economic Nexus Thresholds by State and the $100K / 200-Transaction Trap After Wayfair
·mike

Sales Tax Nexus in 2026: Economic Nexus Thresholds by State and the $100K / 200-Transaction Trap After Wayfair

The $100K-or-200 shorthand is wrong in most states in 2026 — many repealed the transaction test and three big states use $500K. Track gross by state and channel before the notice does.

tax-compliance
small-business
finance
1099-K Threshold for 2026: Why Gig Workers and Online Sellers Still Get a Form at $600 in Most States Even After the Federal $5,000 Patch
·mike

1099-K Threshold for 2026: Why Gig Workers and Online Sellers Still Get a Form at $600 in Most States Even After the Federal $5,000 Patch

Federal relief says $5,000 but most states still require $600 — a form in the mailbox may be state-driven. Reconcile per-TPSO gross to taxable income and don't pay tax on mis-coded reimbursements.

tax-compliance
small-business
finance
Kansas prvýkrát od roku 2008 znížil poplatky za zakladanie firiem – čo sa zmenilo
·mike

Kansas prvýkrát od roku 2008 znížil poplatky za zakladanie firiem – čo sa zmenilo

Reforma poplatkov v Kansas z roku 2026 – prvá od roku 2008 – stanovuje jednotný online poplatok 90 USD pre LLC, LLP a LP, znižuje ročný poplatok PEO z 1 000 na 250 USD a znižuje poplatky za dvojročné správy, čím spoločne šetrí firmám v Kansas viac ako 3 milióny USD ročne.

small-business
llc
incorporation
New Jersey znižuje poplatky za založenie firmy: Čo znamená zníženie z júla 2026 pre LLC a korporácie
·mike

New Jersey znižuje poplatky za založenie firmy: Čo znamená zníženie z júla 2026 pre LLC a korporácie

New Jersey od 1. júla 2026 znížilo poplatky za založenie firmy — registrácia LLC a korporácie klesá zo $125 na $100, registrácia neziskovej organizácie zo $75 na $50, pričom poplatky za výročnú správu, dodatky, zlúčenia a zrušenie sa znížili približne o $25 každý. Tu je porovnanie nových sadzieb v rámci celej krajiny a čo by mali noví zakladatelia firiem urobiť ďalej.

small-business
llc
incorporation
ERPNext vs. Odoo pre bootstrapovaný produktový biznis: Prečo rozdiel v licencovaní open-source mení vaše skutočné celkové náklady na vlastníctvo
·mike

ERPNext vs. Odoo pre bootstrapovaný produktový biznis: Prečo rozdiel v licencovaní open-source mení vaše skutočné celkové náklady na vlastníctvo

ERPNext poskytuje každý modul — účtovníctvo, mzdy, výrobu — zadarmo pod licenciou AGPLv3, zatiaľ čo Odoo spoplatňuje tieto funkcie v proprietárnej Enterprise edícii s cenou okolo $24–36 za používateľa za mesiac. Odhady päťročných nákladov sa pohybujú zhruba od $0–$30K pre self-hosted ERPNext po $10K–$80K pre Odoo Enterprise, čo je rozdiel, ktorý najviac záleží firmám s obmedzenou hotovosťou a rastúcim počtom zamestnancov.

open-source
enterprise-software
accounting-software
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